US official reportedly says licences allowing sales to Huawei will come 'shortly'

US companies could get government approval to sell gear to Huawei soon.

Erika Garcia / CNET

Licenses allowing US companies to sell equipment to Huawei "will be forthcoming very shortly," Commerce Secretary Wilbur Ross told Bloomberg. A deal regarding the controversial Chinese company is apparently on track to be signed this month.

The government has received 260 license requests, he told the business outlet on Sunday. "That's a lot of applications -- it's frankly more than we would've thought," Ross said in the interview, noting that most will likely be approved.